scholarly journals Risk Management in Logistics Projects: Selected Risk Identification Methods

2021 ◽  
Vol XXIV (Special Issue 4) ◽  
pp. 672-681
Author(s):  
Agnieszka Gaschi-Uciecha
Keyword(s):  
Risk Management ◽  
Risk Identification ◽  
Identification Methods

Analysis on Domestic Factoring Risk Identification Based on Bussiness Processing Technology

2013 ◽  
Vol 739 ◽  
pp. 673-677
Author(s):  
Guo Ping Cheng ◽  
Di Tang ◽  
Bei Bei Liu
Keyword(s):  
Risk Management ◽  
Control System ◽  
Business Process ◽  
Risk Evaluation ◽  
Risk Identification ◽  
Identification Methods ◽  
Basic Model ◽  
Risk Management System ◽  
New Ideas ◽  
And Control

Based on the study of basic risk identification method, this paper analyzes domestic factoring risk identification methods and puts forward the basic model based on business process of domestic factoring risk identification, then provides the new ideas for risk identification, the paper lays the foundation to domestic factoring risk evaluation and control system, so it is good to construct a complete, standard domestic factoring risk management system.

Challenge or Potential? Risk Identification in the Context of Sustainable Development

2018 ◽  
pp. 1318-1336
Author(s):  
Martina Huemann ◽  
Claudia Ringhofer
Keyword(s):  
Sustainable Development ◽  
Risk Management ◽  
Environmental Impact ◽  
Impact Analysis ◽  
Risk Identification ◽  
Theoretical Background ◽  
Environmental Impact Analysis ◽  
Identification Methods ◽  
Wind Park

The chapter describes the importance of balancing risk reduction and “taken risks” and what role a holistic risk identification plays in the context of Sustainable Development (SD). It provides a theoretical background on SD, Risk Management and the Environmental Impact Analysis (EIA). It discusses the implementation of SD in the EIA as one example for a holistic risk identification. The link between SD and risk management is discussed and the identified learning potentials for further developing traditional risk identification methods are explained. A risk identification explicitly considering SD as well as considering project and stakeholder risks is presented within a case study. The case study project is Engineering, Procurement and Construction (EPC) of a wind park farm in Brazil from the supplier perspective. Based on SD both, the risks of the project as well as the risks of the project stakeholders are considered. Whereby the chapter shares the risk identification as such as well as the process for which a systemic board constellation was applied.

Electricity Infrastructure Technical Security

2020 ◽  
pp. 1-30
Author(s):  
Martin Hromada ◽  
David Rehak ◽  
Neil Walker
Keyword(s):  
Complex System ◽  
Risk Assessment ◽  
Risk Management ◽  
Risk Analysis ◽  
Best Practices ◽  
Risk Identification ◽  
Security Measures ◽  
Identification Methods ◽  
General Energy ◽  
Electricity Infrastructure

In general, energy infrastructure is a basic but very complex system of elements, interconnections, functional inputs and outputs, which creates the need to break down subsystems, systems, and infrastructure areas. The aim of this chapter is therefore to discuss the possible implementation of approaches to risk assessment and risk management in relation to the application of technical security measures. This chapter of the book will therefore discuss risk analysis methods where the transition from general approaches to risk analysis, through risk identification methods and procedures and the assessment of major industrial and technological risks, to specific risk analysis methodologies for electricity infrastructures, will be presented. An important part of the chapter is also the introduction of practical approaches and methodologies that are accepted as “best practices” in connection with ensuring the technical security of electricity infrastructures.

Challenge or Potential? Risk Identification in the Context of Sustainable Development

2016 ◽  
pp. 87-105
Author(s):  
Martina Huemann ◽  
Claudia Ringhofer
Keyword(s):  
Sustainable Development ◽  
Risk Management ◽  
Environmental Impact ◽  
Impact Analysis ◽  
Risk Identification ◽  
Theoretical Background ◽  
Environmental Impact Analysis ◽  
Identification Methods ◽  
Wind Park

The chapter describes the importance of balancing risk reduction and “taken risks” and what role a holistic risk identification plays in the context of Sustainable Development (SD). It provides a theoretical background on SD, Risk Management and the Environmental Impact Analysis (EIA). It discusses the implementation of SD in the EIA as one example for a holistic risk identification. The link between SD and risk management is discussed and the identified learning potentials for further developing traditional risk identification methods are explained. A risk identification explicitly considering SD as well as considering project and stakeholder risks is presented within a case study. The case study project is Engineering, Procurement and Construction (EPC) of a wind park farm in Brazil from the supplier perspective. Based on SD both, the risks of the project as well as the risks of the project stakeholders are considered. Whereby the chapter shares the risk identification as such as well as the process for which a systemic board constellation was applied.

Application of HHM in Risk Identification of Tunnel Project

2011 ◽  
Vol 130-134 ◽  
pp. 3447-3450
Author(s):  
Ti Song ◽  
Lian Yu Wei ◽  
Wen Xia Sun ◽  
Wen Feng Sun
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Risk Identification ◽  
Project Risk ◽  
Identification Methods ◽  
Identification Method ◽  
Sufficient Knowledge ◽  
Tunneling Engineering ◽  
And Control ◽  
Engineering Projects

Tunnel project contains complex and diverse risk factors. Risk management has an important role on tunneling engineering projects. Risk management is based on risk identification. Only with sufficient knowledge of risk can we analyze,evaluate and control the risk .Traditional risk identification methods are generally targeted at a certain stage of the tunnel project or a particular content of the tunnel project. It can not consider all factors of the tunnel projects. This paper presents a new risk identification method - hierarchical holographic modeling. The method provides a multi-angle decomposition to the perspective of the tunnel features and in order to find the tunnel project risk source. It can provide a basis for risk management.

Methodological bases and practice of risk management of regional development (part 1)

2020 ◽  
Vol 18 (2) ◽  
pp. 114-126
Author(s):  
Valery V. Karpov ◽  
Anna G. Breusova ◽  
Anna A. Korableva
Keyword(s):  
Risk Management ◽  
Regional Development ◽  
Regional Economy ◽  
Full Range ◽  
Risk Identification ◽  
Territorial Development ◽  
Public Authorities ◽  
Strategic Risk ◽  
Risk Committee ◽  
State Programs

The article is devoted to the theoretical foundations and analysis of the experience of subjects of the Russian Federation in the field of regional development risk management. The article examines the concept of risk, its difference and relationship with the concepts of uncertainty, threat, danger, security and others. It is determined that dangers are constantly present in the regional economy. And risk, as a measurable uncertainty with multiple outcomes, for which the probability of occurrence of a risk event is calculated, is manifested as a result of the occurrence of a hazard. When comparing the concepts of risk and security, this means that the security of the regional economy is manifested in the ability to resist threats and manage risks, and not in the complete absence of dangers. It is revealed that ISO standards distinguish between the concepts of risk management and risk management. For further discussion, risk management is understood as a systematic approach to using the full range of mechanisms available to public authorities to reduce emerging risks and threats to the socio-economic development of the region. Further, the analysis of risk management in the practice of regional management on the example of the Omsk, Novosibirsk and Tyumen regions is carried out. The relevant tools in the activities of government bodies, such as territorial development strategies, state programs and projects, were identified, which allowed us to introduce a classification of risks with the allocation of strategic, tactical risks of territorial development and project management risks, among which there is a strategic level. The analysis of the implemented tools for compliance with the mandatory stages of risk management showed mainly the absence of risk identification, unified requirements for risk accounting and systematic risk management of regional development. Among the assessed regions, the Tyumen region has the best practices in terms of risk management. For a more detailed analysis authors highlighted the key institutional and instrumental elements of risk management such as risk committee, strategic risk map, risk register, action plan for risk management, and defined logical relationships between them.

CONCEPTUALISING RISK CULTURE ON ERM IMPLEMENTATION IN CONSTRUCTION COMPANIES

2020 ◽  
Vol 17 (1) ◽  
pp. 59
Author(s):  
Ching Ching Wong
Keyword(s):  
Risk Management ◽  
Risk Identification ◽  
The Body ◽  
Risk Indicators ◽  
Construction Companies ◽  
Risk Appetite ◽  
Risk Culture ◽  
Risk Treatment ◽  
Managing Risk ◽  
The Relationship

Enterprise Risk Management (ERM) is an effective technique in managing risk within an organization strategically and holistically. Risk culture relates to the general awareness, attitudes and behaviours towards risk management in an organisation. This paper presents a conceptual model that shows the relationship between risk culture and ERM implementation. The dependent variable is ERM implementation, which is measured by the four processes namely risk identification and risk assessment; risk treatment; monitor and consult; communicate and consult. The independent variables under risk culture are risk policy and risk appetite; key risk indicators; accountability; incentives; risk language and internal relationships. This study aims to empirically test the relationship between risk culture and ERM implementation among Malaysian construction public listed companies. Risk culture is expected to have direct effects and significantly influence ERM. This study contributes to enhance the body of knowledge in ERM especially in understanding significant of risk culture that influence its’ implementation from Malaysian perspective.

The Effects of Decision Aid Orientation on Risk Factor Identification and Audit Test Planning

2002 ◽  
Vol 21 (2) ◽  
pp. 39-56 ◽  
Author(s):  
Jean C. Bedard ◽  
Lynford E. Graham
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Decision Aid ◽  
Decision Aids ◽  
Management Strategies ◽  
Risk Identification ◽  
Matched Pair ◽  
Audit Planning ◽  
Audit Firms ◽  
Risk Management Strategies

In auditing, risk management involves identifying client facts or issues that may affect engagement risk, and planning evidence-gathering strategies accordingly. The purpose of this paper is to examine whether auditors' identification of risk factors and planning of audit tests is affected by decision aid orientation, i.e., a “negative” focus wherein client risk and its consequences are emphasized, or a “positive” focus where such factors are not emphasized. Specifically, we expect that auditors will identify more risk factors using a negatively oriented risk identification decision aid, but only when engagement risk is relatively high. We address this issue in the context of auditors' knowledge of actual clients, manipulating decision aid orientation as negative or positive in a matched-pair design. Results show that auditors using the negative decision aid orientation identify more risk factors than do those using a positive orientation, for their higher-risk clients. We also find that decisions to apply substantive tests are more directly linked to specific risk factors identified than to direct risk assessments. Further, our results show that auditors with repeat engagement experience with the client identify more risk factors. The findings of this study imply that audit firms may improve their risk management strategies through simple changes in the design of decision aids used to support audit planning.

scholarly journals Applying the Heuristic to the Risk Assessment within the Automotive Industry Supply Chain

2017 ◽  
Vol 7 (1) ◽  
pp. 43-49 ◽  
Author(s):  
Daniela Marasova ◽  
Miriam Andrejiova ◽  
Anna Grincova
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Automobile Industry ◽  
Risk Identification ◽  
Strategic Decision ◽  
Strategic Factor ◽  
Identification Evaluation ◽  
Key Factor ◽  
The Subject ◽  
Prospective Risk

AbstractRisk management facilitates risk identification, evaluation, control, and by means of appropriate set of measures, risk reduction or complete elimination. Therefore, the risk management becomes a strategic factor for a company’s success. Properly implemented risk management system does not represent a tool to avoid the risk; it is used to understand the risk and provide the bases for strategic decision-making.Risk management represents a key factor for the supply chain operations. Managing the risks is crucial for achieving the customer satisfaction and thus also a company’s success. The subject-matter of the article is the assessment of the supply chain in the automobile industry, in terms of risks. The topicality of this problem is even higher, as after the economic crisis it is necessary to revaluate the readiness of the supply chain for prospective risk conditions. One advantage of this article is the use of the Saaty method as a tool for the risk management within the supply chain.

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